Remington Going Bankrupt?

SportsmanNH

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I have used Remington CoreLokt every year except for a 5 year span when the " In Thing " was to try out a bunch of " Premium Bullets " .

Never had a single misfire in 45 years with any Remington 30-06 180gr Pointed Soft Point CoreLokt . Had one misfire with a Federal Premium 180gr Sierra Game King Boat Tail Soft Point .
I had 3 misfires with a box of reloads that my plumbing contractor made . He should really stick to just plumbing instead of reloading. LOL
Luckily those misfires were all at the range and not out hunting.
 

outdoorsman

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I have used Remington CoreLokt every year except for a 5 year span when the " In Thing " was to try out a bunch of " Premium Bullets " .

Never had a single misfire in 45 years with any Remington 30-06 180gr Pointed Soft Point CoreLokt . Had one misfire with a Federal Premium 180gr Sierra Game King Boat Tail Soft Point .
I had 3 misfires with a box of reloads that my plumbing contractor made . He should really stick to just plumbing instead of reloading. LOL
Luckily those misfires were all at the range and not out hunting.
Just an FYI.

Mis-fires with reloads is a sign primers are not fully seated. A un-seated primer typically seats on the first strike and will fire on the second go round.

Hopefully Remington stays in business as I want to try their saboted slugs in my 20 gauge.
 
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Never had a misfire with Remington ammo. Misfires are very often caused by over lubricated guns in cold weather, weak/old firing pin springs. Sure, could have been the ammo also.
My 336 has never had a misfire with Hornady or Federal ammo. I even have a gunsmith go through the gun and I still had misfire issues with the core lokts.
 

AMT1379

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I have read that many of the gun manufacturers are facing issues. Gun sales dropped massively with the change over in the federal administration and congress and there was less concern about regulation changes. I am sure many of the manufacturers are over extended, particularly those that are deep into the lower tier markets where success and failure hinge on fractions of a cent and need a high volume of sales to make reasonable profits. It's also a durable goods problem as a properly cared for firearm lasts generations. That's not good for sales numbers. All in all, not all that different from the recent LL Bean change. It will be an interesting couple of decades.
 

SportsmanNH

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Well its official . Remington filed for bankruptcy. They are not going out of business though. Just shedding 700 million in debt and frivolous lawsuits that want to blame the gun instead of the shooter. And of course Cerebus the private equity firm that owns Remington bought the company for 345 million and loaded them up with 900 million
in investor debt by selling investment bonds and doubling their money. Just another day at the Private Equity Ranch .

https://www.nbcnews.com/news/us-news/beleaguered-gun-maker-remington-files-bankruptcy-n847316
 
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AMT1379

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Well its official . Remington filed for bankruptcy. They are not going out of business though. Just shedding 700 million in debt and frivolous lawsuits that want to blame the gun instead of the shooter. And of course Cerebus the private equity firm that owns Remington bought the company for 345 million and loaded them up with 900 million
in investor debt by selling investment bonds and doubling their money. Just another day at the Private Equity Ranch .

https://www.nbcnews.com/news/us-news/beleaguered-gun-maker-remington-files-bankruptcy-n847316
"Shedding 700 million in debt". What a damn scam! The bankruptcy laws are friggin ridiculous.
 

JDK

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Yeah the entire 700 trigger issue denial and then subsequent recall was frivolous. In other word, bad management.
 


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